WHALE ACTIVITY ON $ETH SUGGESTS CONVICTION DESPITE RECENT MARKET PRESSURE 🐋
A major player holding 120,000 $ETH just added 8 million in collateral to defend their position. With an average entry near 2,265, they are currently sitting on significant unrealized losses, but they are clearly not folding.
The liquidation levels for these addresses sit between 1,059 and 1,174, providing a massive safety buffer for the current price action. With over 6 million USDC still available on-chain to bolster their collateral, this whale is signaling they have no intention of closing out. Do you think this level will hold as the floor for the next cycle?
Not financial advice. Always manage your risk.
#ETH #WhaleAlert #Ethereum #CryptoTrading
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